Similar Search Results

Batchelder, Lily L. - 2020

The U.S. economy exhibits high inequality and low economic mobility across generations relative to other high-income countries. The U.S. will need to raise more revenues in order to reduce these disparities, finance much-needed new services and investments, and address the nation's long-term...

Persistent link: https://www.econbiz.de/10012847795

AI, Taxation, and Valuation

Soled, Jay A.; Thomas, Kathleen DeLaney - 2022

Virtually every tax system relies upon accurate asset valuations. In some cases, this is an easy identification exercise, and the exact fair market value of an asset is readily ascertainable. Often, however, the reverse is true, and ascertaining an asset’s fair market value yields, at best, a...

Persistent link: https://www.econbiz.de/10013290580

An Overview of the 'Tax Gap'

Rifkin, Dave - 2008

When taxpayers underreport their income, understate their income, or fail to file their tax returns the government must spend money to audit taxpayers, to assess the tax, to collect the tax, and to borrow money to cover the lost revenue. The amount of such noncompliance with the tax laws is...

Persistent link: https://www.econbiz.de/10012771078

Toward a middle-income tax structure : a development perspective with a focus on Bangladesh

Ahsan, Syed Mainul - 2024

This paper, originally designed to focus on discovering a suitable tax structure that befits an aspiring LMIE as it advances toward the UMIE status. On reflection, it becomes evident that it is hard to meaningfully deliberate on the composition of taxes without focussing in equal measure on the...

Persistent link: https://www.econbiz.de/10015125308

Simplifying Federal Taxes : The Advantages of Consumption-Based Taxation

Edwards, Chris - 2009

. Meanwhile, the congressional Joint Committee on Taxation released a 1,300-page study cataloging the excessive complexity of … national retail sales tax and the Hall-Rabushka flat tax, could dramatically simplify federal taxation. Those tax systems would … eliminate many of the most complex aspects of federal taxation, including depreciation accounting and capital gains taxation …

Persistent link: https://www.econbiz.de/10014204624

A National Tax Bar : An End to the Attorney-Accountant Tax Turf War

Black, Katherine D.; Black, Steve - 2009

Our system of federal taxes is a set of laws, enacted by Congress and signed by the President. The practice of tax law is generally the practice of law. So why are the non-lawyers the ones practicing in this field? This article examines the regulation of the practice of law, including the...

Persistent link: https://www.econbiz.de/10014222894

Cross Check of the Tax Base in Serbia – Informative Tax Return Sample

Raonic, Ivan - 2016

Abstract: The tax system of the Republic of Serbia is characterized by a very low level of income taxation. It is a …

Persistent link: https://www.econbiz.de/10012979957

Tax and Trust : The Fiscal Crisis in Greece

Kaplanoglou, Georgia - 2012

The paper aims at highlighting a number of shortcomings in the design and enforcement of the tax system in Greece, which have played a key role in the exacerbation of fiscal deficits that led to the current sovereign debt crisis. More precisely, we argue that these shortcomings that result in...

Persistent link: https://www.econbiz.de/10013104373

The Taxation of Cryptocurrency Gains

Ooi, Vincent - 2021

Taking Singapore as an example, this article lays out a series of tests for determining whether gains arising from the disposal of cryptocurrencies are trade or business income, “all other income” or capital gains. It also considers the possibility of a presumption that individuals engaging...

Persistent link: https://www.econbiz.de/10013214053

Virtual Worlds, Real Money : Tax Issues in the Metaverse

Ooi, Vincent; Loy, Daryl - 2023

particular, issues such as digital permanent establishments, digital services taxes and indirect taxation for digital goods and …

Persistent link: https://www.econbiz.de/10014350462